PoliticsBenue Assembly Passes N170.8bn 2024 Supplementary Budget

Benue Assembly Passes N170.8bn 2024 Supplementary Budget

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September 18, (THEWILL) – The Benue State House of Assembly has passed the 2024 Supplementary Budget of N170,894,473,135 into law.

The House decided on Wednesday, sitting at the committee of the hall after clause-to-clause consideration, thereby bringing the total 2024 budget to N396,621,860,343 from the initial approved budget of over N225.5 billion.

According to the budget, the recurrent expenditure has been increased by over N10 billion, thereby the total recurrent expenditure is N155 billion, while capital expenditure remained at over N240 billion.

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The House called on the Benue State Planning Commission to consult with public entities before any budget was to be revised to get their input and urged the Ministry of Finance to ensure prompt release of budgetary approvals to MDAs for improved performance in their operations.

Earlier in a lead debate, the Chairman House Standing Committee on Appropriation, Rt. Hon. Cephas Dyako, while presenting the focus of the committee, said there was an extra-budgetary expenditure and overhead cost by the public entity.

He noted that most MDAs performed poorly due to non-release of funds.

The Clerk of the House, Mr Bernard Nule, accordingly read the bill for the third time and the Speaker, Chief Hyacinth Aondoana Dajoh, announced the passage of the bill into law.

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